Pains Lodge, Pains Road, Southsea PO5 1AS
Well-situated, generously proportioned and, very unusually, arranged over three floors, this PURPOSE-BUILT TWO DOUBLE BEDROOM APARTMENT benefits from double-glazing, electric heating, 21ft living room/kitchen, and a 200 sq. ft. main bedroom
Property Type
Parking
Floor Area
Tenure Type
Council Tax Band
Well-situated, generously proportioned and, very unusually, arranged over three floors, this PURPOSE-BUILT TWO DOUBLE BEDROOM APARTMENT benefits from double-glazing, electric heating, 21ft living room/kitchen, and a 200 sq. ft. main bedroom. A modern development of just three units, 'Pains Lodge' is positioned close to the junction of Pains Road with Somers Road, some half a mile only from Southsea Town Centre (Palmerston Road Shopping Precinct) and Portsmouth University's main campus, also within comfortable reach of a wide range of public amenities, including: local shops, main-line stations, bus services, various schools, historic Old Portsmouth, and the Gunwharf Quays leisure and retail complex. Let until recently, now vacant, Flat 2 is available with the further asset of NO ONWARD CHAIN. Having a projected rental return of around £1,200 p.c.m. (equivalent to a yield of some 8% p.a. gross) it will appeal to investors, whilst also considered an ideal opportunity for FIRST TIME BUYERS. Full details are given as follows and early enquiry is recommended:
GROUND FLOOR
HALL
CLOAKROOM & W.C.
FIRST FLOOR
LANDING
LIVING ROOM & W.C. - 6.63m x 3.81m (21'9" x 12'6")
Kitchen Area
Living Area
TOP (SECOND) FLOOR
LANDING
BATHROOM & W.C. - 1.75m x 1.65m (5'9" x 5'5")
BEDROOM ONE - 5.89m x 3.23m (19'4" x 10'7")
BEDROOM TWO - 3.56m x 2.79m (11'8" x 9'2")
OUTSIDE
GENERAL INFORMATION
Service Charge: £800 p.a.
Ground Rent: £1 p.a.
COUNCIL TAX
EPC
VIEWING
D. M. NESBIT & CO.
(18109/061418)
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